RBI directs Paytm Payments Bank to stop onboarding new customers with immediate effect

RBI directs Paytm Payments Bank to stop onboarding new customers with immediate effect

RBI directs Paytm Payments Bank to stop onboarding new customers with immediate effect

RBI also says, “No further deposits or credit transactions or top ups shall be allowed in any customer accounts, prepaid instruments, wallets, FASTags, NCMC cards, etc. after February 29, 2024.”